May 4, 2011

Mobile app stores a $3.8 billion biz in 201

In a report released by IHS iSuppli., the research firm says revenue from app stores owned by Apple, Google, Nokia, and Research In Motion is set to grow 77.7 percent, reaching $3.8 billion by the end of the year and eventually rising to $8.3 billion in 2014. By comparison, 2010's mobile app store combined revenues stood at $2.1 billion, up from $830.6 million in 2009.